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University of Michigan-Ann Arbor Tuition & Costs

Your Estimated Price

$24,186 Annual Cost to Attend

Cost Breakdown
$12,948 tuition
$9,996 on campus room & board
$1,048 books
$194 fees
(Based on stats from 2013/2014)

$51,436 Annual Cost to Attend

Cost Breakdown
$40,198 tuition
$9,996 on campus room & board
$1,048 books
$194 fees
(Based on stats from 2013/2014)
Estimated Net Price
Get Your Estimated Cost

Colleges like University of Michigan-Ann Arbor are working hard to make tuition affordable to deserving students.

Use our tool to get a quick guess about your actual costs and links to tools to get an even better estimate directly form the college.

Average Aid

$12,233 Annual Institutional Aid

Average Aid
63% of students receive aid
15% get federal aid ($4,876 avg)
13% get state aid ($728 avg)
46% get institn'l aid ($12,233 avg)
36% get loans ($7,059 avg)

Tuition Trends

Historical Tuition and Fees, with Projected Future Amounts

Future projections are based on past four years' data averaging 3.68% annual change in in-state tuition and fees and 4.12% change in out-of-state tuition and fees. Amounts shown are estimates only and not guaranteed. For a better estimate, contact the college directly.

Financial Aid

$39,204,221
Annual Aid Awarded
Aid/Loans
Average Amount Percent Awarded
Grant or Scholarship Aid $13,575 47%
Federal Grant Aid $4,876 15%
Pell Grants $4,294 14%
Other Federal Grants $2,017 6%
Institution Grant Aid $12,233 46%
State Grant Aid $728 13%
Student Loans $7,059 36%
Federal Loans $5,603 36%
Other Loans $15,794 3%

Merit Aid Available

Financial Aid Timeline
Financial aid priority deadline: April 30
Financial aid deadline: May 31
College will notify student of financial aid decisions on or about: -
Student must reply to financial aid decision by: -
Does University of Michigan-Ann Arbor offer...
Tuition Payment Plan? Yes
Financial Aid Contact Info
515 E. Jefferson, 1220 SAB
Ann Arbor, MI 48109
(734) 764-7433
http://www.finaid.umich.edu
Costs Per Credit Hour
In State $545
Out of State $1,704

Reviews

Student Responses to Review Topic: Bang for the buck
  • 4
  • Kelly from New Hudson, MI
  • Jan-03-2015 I am a current student here

    UofM is pretty expensive, out of state in particular. But it couldn't be more worth it for the experience you get.

    Read More
  • 4
  • Christena
  • Dec-26-2014 I am a current student here

    U of M is very expensive, but the quality of education is so high that I'm pretty sure it will be worth it.

    Read More
  • 3
  • Will from Rogers, AR
  • Nov-28-2014 I am a current student here

    Receiving no financial aid from out-of-state is a definitely possibility and is a huge financial burden, so make sure you get some form of aid. It's the most expensive public school in the nation for a reason! The academic experience is exceptional, and receiving financial aid along the way will make it all the sweeter.

    Read More
  • 4
  • Carter from Marion, IA
  • Oct-23-2014 I am a current student here

    As an engineer, there is no better place your money could be spent for your education. Our school of engineering is prestigious, and you will have companies lining up to have you as an intern (for summers) or as a full-time employee upon graduation. If you're not an engineer, fear not, because we have some great career fairs for all to attend, and with the education you receive here, plenty of companies will be excited to bring you aboard.

    Read More